Tag: Legal

Discover how Workday's implementation playbook for contract AI technology can help your company successfully implement and scale the use of AI in legal operations. Learn actionable steps, strategies, and insights to maximize benefits while mitigating potential risks.

A New York lawyer is in trouble after relying on ChatGPT for research, leading to fabricated court cases in a brief. His hearing didn't go well, with the judge questioning the AI-generated case. The lawyer stated he had no idea the chatbot was capable of fabricating citations. This embarrassing incident is a cautionary tale about relying too much on technology for legal research.

Nasdaq's CEO suggests using algorithms to combat financial crime using AI technology. Concerns arise regarding the adoption of unexplainable AI, but regulations demand accountability. The potential benefits are present, yet caution is needed before implementing AI technology to financial markets.

Gartner identifies potential legal risks of using large language models like ChatGPT. Companies need to establish safeguards to avoid reputational and financial consequences.

Generative AI used by advertisers to depict BIPOC models is causing Digital Blackface concerns. Using AI can exclude rather than include diversification. Advertisers and agencies can combat this by asking the right questions & using ethical/legal frameworks. #DiversityInAdvertising